…commends company for genuine national interest, $400M security investment
The Nigerian Senate has cleared Ocean Marine Solution Limited (OSML) of allegations of illegal security activities at the Secure Anchorage Area (SAA) of the Lagos ports following the conclusion of an investigation which revealed that contrary to the allegations, the company had invested over $400 million to help strengthen security in the area.
The exoneration was contained in a Senate resolution passed upon the submission of the report on the investigation into the allegation by the Joint Committee on Navy, Marine Transport, and Finance.
According to the report, OMSL had shown genuine and commendable national interest with the investment of over $400 million into the security at the SAA and the Nigerian waterways.
“OMS provided the needed platforms and logistics for the Nigerian Navy to effectively perform 24/7/365 patrol operations as well as to provide the required protection for vessels waiting to berth at the Lagos Ports,” the report read in part.
Since its investigations showed no fraud in the operations of OMSL, and that the company, apart from operating at no cost government, is investing in the security of the country’s waterways, the Senate ruled that it “should be allowed to continue its operations at the SAA until such a time when a better and more cost-effective system is put in place by the Government.”
